Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Take a 45% cut post tax for a perm job to just about pay off the bills or wait?
I wouldn’t call it fraud, more like ignorance. Some fraction of directors will get caught out by their own ignorance, whether by preference payments or misfeasance or ultra vires dividends or something else. It remains to be seen how aggressive the gov’t will be too. Just make sure you understand your responsibilities when taking a BBL and you’ll be fine if the business subsequently proves non-viable.
That's fair and never know who reads these threads so probably good you pointed that out.
Comment